Bridgford Foods Stock Today

BRID Stock  USD 9.07  0.19  2.05%   

Performance

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Odds Of Distress

Less than 7

 
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Bridgford Foods is trading at 9.07 as of the 30th of November 2024, a 2.05% down since the beginning of the trading day. The stock's lowest day price was 9.02. Bridgford Foods has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Bridgford Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
7th of September 1984
Category
Consumer Defensive
Classification
Consumer Staples
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. Bridgford Foods Corporation is a subsidiary of Bridgford Industries Incorporated. Bridgford Foods operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 9.08 M outstanding shares of which 7.3 K shares are currently shorted by private and institutional investors with about 0.77 trading days to cover. More on Bridgford Foods

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Bridgford Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanWilliam Bridgford
Thematic Ideas
(View all Themes)
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, NASDAQ Composite Total, Natural Foods, Processed Foods, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.422.2931
Notably Up
Very volatile
Gross Profit Margin0.270.2898
Significantly Down
Slightly volatile
Total Current Liabilities15.1 M20.7 M
Way Down
Slightly volatile
Non Current Liabilities Total16 M22.4 M
Way Down
Pretty Stable
Total Assets201.7 M192 M
Sufficiently Up
Slightly volatile
Total Current Assets105.6 M100.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Bridgford Foods can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bridgford Foods' financial leverage. It provides some insight into what part of Bridgford Foods' total assets is financed by creditors.
Liquidity
Bridgford Foods currently holds 7.49 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Bridgford Foods has a current ratio of 2.43, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Bridgford Foods' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(682,811)
Bridgford Foods (BRID) is traded on NASDAQ Exchange in USA. It is located in 1707 South Good-Latimer Expressway, Dallas, TX, United States, 75226 and employs 671 people. Bridgford Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.33 M. Bridgford Foods conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 9.08 M outstanding shares of which 7.3 K shares are currently shorted by private and institutional investors with about 0.77 trading days to cover. Bridgford Foods currently holds about 20.11 M in cash with 3.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21.
Check Bridgford Foods Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Bridgford Foods is $82.33 Million. Bridgford Foods shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.7 percent of Bridgford Foods outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Bridgford Ownership Details

Bridgford Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-06-30
969
Bank Of America Corp2024-06-30
262
Morgan Stanley - Brokerage Accounts2024-06-30
200
Hanson Mcclain Inc2024-09-30
163
Royal Bank Of Canada2024-06-30
43.0
Capital Advisors, Ltd. Llc2024-06-30
17.0
Jpmorgan Chase & Co2024-06-30
6.0
Wells Fargo & Co2024-06-30
0.0
Dimensional Fund Advisors, Inc.2024-09-30
179.8 K
Nuveen Asset Management, Llc2024-06-30
70.8 K
Vanguard Group Inc2024-09-30
54.8 K
View Bridgford Foods Diagnostics

Bridgford Foods Historical Income Statement

At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M. View More Fundamentals

Bridgford Stock Against Markets

Bridgford Foods Corporate Executives

Elected by the shareholders, the Bridgford Foods' board of directors comprises two types of representatives: Bridgford Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bridgford. The board's role is to monitor Bridgford Foods' management team and ensure that shareholders' interests are well served. Bridgford Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bridgford Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bridgford Foods. If investors know Bridgford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bridgford Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.325
Earnings Share
(0.11)
Revenue Per Share
25.53
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.01)
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.